Episode 1184: PODCAST: NE Asia ethylene sees oversupply, SE Asia prices under pressure
SINGAPORE (ICIS) -- Northeast Asia continued to see an oversupply of ethylene, and downstream mar...
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Show Notes
SINGAPORE (ICIS) -- Northeast Asia continued to see an oversupply of ethylene, and downstream margins remained weak. The supply-demand balance is expected to improve with a slowdown in capacity growth in China. In southeast Asia, the market is likely to continue to be under pressure in H2 2024.
- NE Asia in oversupply as players begin looking to H2 2024 arrivals
- Standalone-based derivatives margins remain weak
- NE Asia and US arbitrage weighs on SE Asia market, downstream demand tepid
In this podcast, Markets Editor Josh Quah and Analysts Amy Yu and Shariene Goh discuss trends in the Asian ethylene market and what we can expect in the near future.